{ "media_type": "text", "post_content": "Are there restructuring/cfo advisory type firms out there that (1) has a clear comp structure based on billable hours (2) pay bonuses w more frequency than 1 / year?\nTired of the black box approach to comp when generating 1-2m in billables/ year.", "post_id": "603fc6c27d3fe100297be64c", "reply_count": 14, "vote_count": 1, "bowl_id": "58f0df008ad7250010f8c590", "bowl_name": "Compensation" }

Are there restructuring/cfo advisory type firms out there that (1) has a clear comp structure based on billable hours (2) pay bonuses w more frequency than 1 / year? Tired of the black box approach to comp when generating 1-2m in billables/ year.

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A&M for number 1

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For (1) You were born for A&M. I know NACR Directors pulling north of $600k. For (2) I don’t know firms who pay bonuses more often. Since bonuses at professional services firm are fundamentally a retention mechanism, it really doesn’t make sense to pay them out at a higher frequency.

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Portage point pays quarterly bonuses

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Lol not AlixPartners

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Yes A&M does #1. Still only receive that sweet bonus once per year. Literally can be $200k or more post tax hitting your bank account.

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What’s the structure generally like for a senior / non MD type? Are there “career directors” there similar to AP or is it more up or out?

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FTI pays quarterly bonuses based on how many hours you bill over 40 per week.

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It’s definitely a narrower band, but I don’t think it’s more than 20% less on average. Certainly better culture and WLB.

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Not applicable at the director level but CrossCountry consulting pays quarterly revenue bonuses which are paid at your salary/2080*any hours billed 520 for the quarter.

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We do

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